May 26, 2025 12:58 PM (GMT+8) · EqualOcean
According to CCTV News, on May 25th local time, the U.S. President Donald Trump, after a phone call with European Commission President Ursula von der Leyen, agreed to extend the start date for imposing a 50% tariff on European Union goods from June 1 to July 9. Earlier, on May 23rd local time, Trump posted on social media suggesting that a 50% tariff should be imposed on goods from the European Union starting June 1. He stated that the primary purpose of the European Union’s establishment was to "take advantage of the United States in trade," and that negotiations between the U.S. and the EU had made "no progress." As a result, he proposed imposing a 50% tariff on EU goods starting from June 1, 2025. However, he noted that goods manufactured or produced in the United States would be exempt

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